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130th MAINE LEGISLATURE |
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LD 506 |
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LR 442(04) |
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An Act To Reduce
the Tax Burden on Low-income Electricity Customers |
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Fiscal Note for
Senate Amendment " " to Committee Amendment "A" |
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Sponsor: Sen. Breen of Cumberland |
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Fiscal Note Required: Yes |
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| Fiscal Note |
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FY 2021-22 |
FY 2022-23 |
Projections FY 2023-24 |
Projections FY 2024-25 |
| Net Cost
(Savings) |
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General Fund |
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($68,400) |
($69,350) |
$0 |
$0 |
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| Revenue |
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General Fund |
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$68,400 |
$69,350 |
$0 |
$0 |
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Other Special Revenue Funds |
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$3,600 |
$3,650 |
$0 |
$0 |
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| Fiscal Detail
and Notes |
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The amendment
changes the effective date from January 1, 2022 to January 1, 2023 and the
General Fund and Local Government Fund revenue losses are removed from fiscal
year 2021-22 and reduced by $69,350 to $68,400 in the General Fund and by
$3,650 to $3,600 in the Local Government Fund in fiscal year 2022-23. |
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